Explain the assumption behind the statement: The goal of financial management is to maximize the current share

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Explain the assumption behind the statement: ‘The goal of financial management is to maximize the current share price.’ Why isn’t the goal to maximize the future share price?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 19, 2024 01:01 AM

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Explain the assumption behind the statement: The goal of financial management is to maximize the current share

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Corporate Finance

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